266, DEVON ROAD, LUTON, LU2 0RY - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

266 DEVON ROAD is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £301,807. It was last sold for £150,000 in July 2005, which was around 14% above the average July 2005 terraced price in the Luton local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

266 DEVON ROAD Sold Prices

Land registry data shows four sales for 266 DEVON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Most of the four 266 DEVON ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 1 JUL	£150,000	£131,247	14% above HPI
2003 11 APR	£118,000	£106,652	11% above HPI
2001 5 OCT	£73,000	£73,830	1% below HPI
2000 20 APR	£59,995	£59,364	1% above HPI

266 DEVON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The four 266 DEVON ROAD sales between April 2000 and July 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2005 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 266 DEVON ROAD be worth now?

266 DEVON ROAD might now be worth an estimated £301,807.

This is based on house price inflation of 101.2%, between July 2005 and April 2026, for terraced houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 101.2% inflationary increase is applied to the most recent sale price for 266 DEVON ROAD of £150,000 on 1st July 2005. For the value to have increased from £150,000 to £301,807 over the 21 years and three months to April 2026, the following assumptions must hold true:

• The value of 266 DEVON ROAD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The July 2005 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 266 DEVON ROAD has not materially changed since July 2005.

How Large is 266 DEVON ROAD?

266 DEVON ROAD is 71m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 266 DEVON ROAD lies on this distribution: 7% of terraced houses houses are smaller than 266 DEVON ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Luton.

266 DEVON ROAD: Plot and Title Map

266 DEVON ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 266 DEVON ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 266 DEVON ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 266 DEVON ROAD?

266 DEVON ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 266 on DEVON ROAD.